Arbeitspapier

Affirmative Priority Queueing

Consider a first-come first-served queue where agents arrive randomly but their participation in the queue is voluntary and strategic. This paper shows that the introduction of priority-class discrimination (retaining first-come first-serve within each class) unambiguously improves total welfare even if agents are a priori identical, i.e. agents have a fixed outside reservation utility and their unit cost of waiting (per period) is also homogeneous across agents. Furthermore, when agents have heterogeneous outside reservation utilities, those who have low outside reservation utility should be given high priority in the queue for total welfare improvement, not only for equity.

Sprache
Englisch

Erschienen in
Series: Quaderni - Working Paper DSE ; No. 297

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Sasaki, Dan
Ereignis
Veröffentlichung
(wer)
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
(wo)
Bologna
(wann)
1997

DOI
doi:10.6092/unibo/amsacta/5013
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Sasaki, Dan
  • Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)

Entstanden

  • 1997

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